Car Insurance Policy Austin tx: Minimum Liability Protection in Texas by Cheri Roman

Hello there. I'm Cheri Roman from Roman Agency, Inc. in Austin, tx. Thank you for visiting one more segment of "Insurance, Death, and Taxes." Today I will focus on the minimum liability coverages in the state of Tx. Now, as you will remember from my 1st blog, I discussed the definition of liability coverage.

Liability; you know, many people do not know what that means. Do you know what that implies? Liability really means that in the event you strike a vehicle and it's your fault, and somebody's hurt or their property is damaged, that's the amount that the insurance coverage will cover your incident.

Today in the state of Tx, you are required by law to carry 30, 60, 25 in liability coverages. I understand you probably have no idea what that implies. I will explain it to you what that signifies. Iif you hit someone and they get injured, those first two amounts have to do with bodily injury.

If you strike a car and they get harmed, your insurer will pay up to $30,000 per individual that's harmed in an accident up to a total of $60,000 and that is what the 60 stands for per accident. If you damage somebody's auto and you have minimum liability insurance coverage the most your insurance carrier pays can be $25,000 for that person's vehicle.

Now, what that signifies for you personally if you have a car that is nicer, that costs more than $25,000 you may want to ensure that you have uninsured and underinsured motorists insurance since the most you'll receive if someone hits you that has minimum insurance coverages is actually $25,000.

Also, you should think about that there are 25% of the people in Texas that don't carry insurance coverage. There's some really extreme penalties for people who drive with out insurance policy in the state of Texas. Of course, you can get fined, you could have your license revoked, and there is even talk at this time in the Texas legislature regarding impounding people's automobiles.

So don't take that risk. At least have the minimum limits and look at your coverage and be sure you have the suitable protections for your own personal circumstance.
Until next time, please drive safely and particularly stay off your cell phone. Do not text and drive. I am Cheri Roman from Roman Agency, Inc. in Austin texas.